About Initiatefirst Information Services Private Limited
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Initiatefirst Information Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 30 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2015PTC101417. Its GSTIN is 36AADCI9597E1Z4 (Telangana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Sandeep Pulikonda and Lakshmi Pulikonda.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 91 Springboard Lvs Arcade Plot No 71 Jubilee Enclave Hitech City, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.71 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.06 Lakh (net margin 0.1%) and EBITDA of ₹12.8 Lakh (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 39% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: InitiateFirst.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website initiatefirst-is.com.
Company details
Contact details
Initiatefirst Information Services Private Limited's registered office is in Hyderabad, Telangana. Its website is initiatefirst-is.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address91 Springboard Lvs Arcade Plot No 71 Jubilee Enclave Hitech City, Hyderabad, Telangana, India – 500081
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Initiatefirst Information Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Initiatefirst Information Services operates one associated brand: InitiateFirst. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers AI, ML solutions, data engineering, and BI for company digital transformation. | initiatefirst-is.com |
Business activity
The main business activity of Initiatefirst Information Services is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Initiatefirst Information Services Private Limited, buy the company report.
Financials of Initiatefirst Information Services Private Limited
FY 2024 filings availableInitiatefirst Information Services Private Limited reported revenue of ₹10.71 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 6% growth in the latest year. EBITDA fell 10% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.8 Lakh | ||||
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| Net Profit (PAT) | ₹1.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Initiatefirst Information Services Private Limited, buy the company report.
Board of directors of Initiatefirst Information Services Private Limited
Initiatefirst Information Services has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Pulikonda | Director | 30 Dec 2016 | 9 Years 10 Months | Current |
| Lakshmi Pulikonda | Director | 01 Oct 2020 | 6 Years 1 Months | Current |
| Jugul Kishore Pulikonda | Director | 30 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Initiatefirst Information Services Private Limited is audited by THOTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THOTA & ASSOCIATES | FY 2023 | 233634 |
Shareholding
The shareholding of Initiatefirst Information Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Initiatefirst Information Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Initiatefirst Information Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Initiatefirst Information Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Initiatefirst Information Services Private Limited has a workforce of 54 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
Initiatefirst Information Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCI9597E1Z4 | Telangana | Active | 22 Jul 2017 |
To see the full GST registrations and return filing status of Initiatefirst Information Services Private Limited, buy the company report.
Recent activity
Initiatefirst Information Services Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Lakshmi Pulikonda ceased to be Additional Director on 30 Nov 2021.
Frequently asked questions
Initiatefirst Information Services is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 30 October 2015 (11+ years old) and is registered under CIN U72200TG2015PTC101417.
Initiatefirst Information Services has 3 current directors:
- Sandeep Pulikonda - Director
- Lakshmi Pulikonda - Director
- Jugul Kishore Pulikonda - Director
The latest financial statements of Initiatefirst Information Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Initiatefirst Information Services is 36AADCI9597E1Z4, registered in Telangana.
The CIN (Corporate Identification Number) of Initiatefirst Information Services is U72200TG2015PTC101417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Initiatefirst Information Services was incorporated on 30 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Lakshmi Pulikonda ceased to be Additional Director on 30 Nov 2021. Lakshmi Pulikonda was appointed as Director on 01 Oct 2020. Sandeep Pulikonda was appointed as Director on 30 Dec 2016. Initiatefirst Information Services has 4 board changes on record in total.
Initiatefirst Information Services can be reached through the website initiatefirst-is.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Initiatefirst Information Services is at 91 Springboard Lvs Arcade Plot No 71 Jubilee Enclave Hitech City, Hyderabad, Telangana, India – 500081.
Initiatefirst Information Services operates in the information technology industry, in the IT consulting and support services segment.
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